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Aim of this paper is to build methodologies of performance evaluation for research organisations, using a systemic approach. This approach considers the interrelations between administrative and scientific activities. The methods are based on: i) ranks, ii) ratios [Max Index : 100 = index lab i...
Persistent link: https://www.econbiz.de/10010731943
Campbell and Shiller average 10 years of real S&P 500 earnings to construct its Cyclically Adjusted P/E ratio, or CAPE, which they then use to forecast its future 10-year returns. In essence, Campbell and Shiller kill two birds with one large stone - they use the 10-year average to reduce noise...
Persistent link: https://www.econbiz.de/10012847032
their robustness by means of their influence functions and gross-error sensitivities. Since robustness of an estimator often … matrix estimator …
Persistent link: https://www.econbiz.de/10014196798
The objective of this paper is to provide a short-term forecast for the economic crisis in the EU. Most economic forecasts are forecasts for economic growth; forecasts for economic crisis are not common in the field. By using the Carrying Capacity Function from population studies as the basis...
Persistent link: https://www.econbiz.de/10014162229
This paper considers a decision problem in the context of the worth of a wind mill project with profitability dependent on the average wind speed. This is partly known and the issue is whether to go on with the project now or, with an additional cost, put up a test mill and observe, say for a...
Persistent link: https://www.econbiz.de/10014129906
This paper considers sampling proportional to expected size from a partly unknown distribution. The applied context is the exploration for undiscovered resources, like oil accumulations in different deposits, where the most promising deposits are likely to be drilled first, based on some...
Persistent link: https://www.econbiz.de/10014036395
Swaps are the monster of illicit financing once solely supported by Hydra–like cryptocurrencies and the informal value transfer system. Their complexity and opaque private market provide ideal cover for money laundering and proliferation financing beyond the reach of detection from lay...
Persistent link: https://www.econbiz.de/10013403987
Network-Centric Meaning-Driven Human-Centric AI-Cyber Computing Beyond Data-Driven to Event-Driven Architectures for Quantum Uncertainty, 1995-2023:Building upon the contextual focus of current global worldwide discussions on GPT, ChatGPT, GenAI, Generative AI, Large Language Model - LLMs, we...
Persistent link: https://www.econbiz.de/10014348003
Goal: ISO 31000 Risk Management (RM) recently re-defined risk as the effect of uncertainty on an organization's ability to meet the objectives. Earlier, it defined risk as a combination of the probability and scope of the (predicted) consequences. The revised ISO Risk advances beyond a static...
Persistent link: https://www.econbiz.de/10014256748
Non-life insurance companies most especially, are often faced with the challenge of predicting the number of claims and claim amount to be incurred at any given time. Overcoming such challenges requires examining claim patterns, which assists in premium determination and setting of reserves. The...
Persistent link: https://www.econbiz.de/10014244924